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THE IMPACT OF
TECHNOLOGY
Assignment 2 Task 1
Presented by: Joanna Peristiani
Technology is part of our everyday lives, whether using it to communicate, learn, work, or for entertainment.
The impact and usage of technology and digital devices often means the mobile phone is the first thing we
pick up in the morning, and the last thing we put down at night.
Not only is it shaping daily behaviour, but it's also influencing consumer purchase and engagement
decisions. E-commerce websites have evolved to become global marketplaces that house products and
services customers need.
Consumers are also more knowledgable about technology (e.g., use of ad blockers) and this in turn affects
their contemporary online behaviour.
This use of technology not only impacts consumers, but also influences organisational strategies to market
their products or services online.
INTRODUCTION
2013 2023
ACCESS TO THE INTERNET
5.18
billion
users
(64.6% of
worlds
population)
2003
1995
16 million
internet
users
(0.4% of
world population)
719 million
internet
users
(11.1% of
world
population)
2.8 billion
internet
users
(39% of
worlds
population)
The internet originally served as a means of communication for US researchers, engineers, and scientists. From the
1990s, there was big transformation which lead to a surge in the internets popularity.
By 2006, there were over one billion internet users (Statista, 2016). Over time, access to the internet propelled and less
than 30 years later, 64.6% of the worlds population access to the internet (Statista, 2022)
ACCESS TO THE INTERNET
(Internet World Stats, 2023)
China India USA UK Argentina
1,250
1,000
750
500
250
0
LOCATION METRICS
China ranked the highest for
internet usage at 1.05 billion
users.
The third ranked country is the
USA with around 311 million
internet users.
ACCESS TO THE INTERNET
Figure 1; Countries with the largest digital populations in the world as of
January 2023 (in millions) according to Statista (2023)
Statista (2023)
Where do people access the internet the most?
Affordable / Accessible
The costs to use the internet are out-weighed by the amount of benefits and
opportunities it provides. It's also very accessible; free wifi is available and advertised at
most places.
WHY DO PEOPLE USE THE INTERNET
Inclusivity / Digital Participation
72% of North Americans from the United States use at least one social media platform -
(Pew Research Center, 2021). The human need to belong would imply people use the
internet and socal media websites to satisfy and fulfil a fundamental human experience
to belong and be included within society.
Daily Necessity
Many jobs require connection to the internet - 63.5% of Americans agreed they
could not do their jobs without a strong internet connection (Allconnect, 2020)
ACCESS TO THE INTERNET
12.7% of full time employees
work from home
28.2% work hybrid model
93% of employers plan to
continue conducting job
interviews remotely
ACCESS TO THE INTERNET
THE WORKPLACE & EDUCATION
Tech increases engagements
with course materials by 71%
99% increase since 2020 of
use of digital devices in
schools
ACCESS TO THE INTERNET
(Baruffati, 2023)
(Haan & Main, 2023)
GENDER
The internet usage was
found to be higher for
15 and 24 years olds
across all regions
(Statista 2022).
AGE
92% of the population of
the countries with high
income reportedly used
the internet opposed to
only 26% of low income
markets (Statista 2022).
INCOME
OBSTACLES TO INTERNET ACCESS
As of 2022, there is a 6% difference between female internet users worldwide compared to males. This gender
difference varies depending on the location. E.g., countries in Arab States and Africa exhibit a higher gender disparity
compared to regions such as Europe (Statista 2022).
ACCESS TO THE INTERNET
There is a mild
association between
internet use and urban
upbringing (Yasuma et
al. 2021, 18)
URBANICITY
78%
of respondents owned and
had access to a laptop.
88%
survey respondents
admitted to owning a
mobile phone.
DIGITAL DEVICES USED BY AUDIENCES
In 2019, Lee and Calugar-Pop reported that smartphones were the most widely used devices, a trend also supported by
StatCounter's (2020) data, which indicated that 50.38% of web traffic originated from mobile devices, surpassing
laptops (46.51%) and tablets (3%).
of respondents self-
reported owning a tablet.
DIGITAL DEVICES USED BY AUDIENCES
(Lee & Calugar-Pop, 2019)
65%
According to Statista (2022), the number of smartphone users is on a
consistent incline, with reports demonstrating 4.435 billion people were
smartphone users in 2017 compared to 6.648 billion in 2022. Currently,
the global number of phone users stands at 7.33 billion which is 91.21%
of the worlds population.
Why the smartphone? It's easy to use device that does it all, it allows
you to access the internet, communicate with others, manage time or
finances and is a form of entertainment. It's portability, diverse abilities
(entertainment, communication, time or finance management) and user
friendly applications making it easy to use highlights just why the
smartphone is a piece of technology shaping modern lives.
MOBILE PHONES - PRIMARY DEVICE USED
DIGITAL DEVICES USED BY AUDIENCES
Figure 2; Digital devices used by audience by popularity (Kemp, 2023)
Smartphone
42.3%
Laptop
25.3%
Tablet
13.8%
Smartwatch
12%
Smart Home Device
6.5%
DIGITAL DEVICES USED BY AUDIENCES
DIGITAL DEVICES USED BY AUDIENCES
THE SMARTWATCH OVER TIME
The global smartwatch market size in 2020 = 18.62 billion.
Expected market size by 2028 = 58.21 billion.
(Fortune Business Insights, 2022)
Simplifies life.
Offers features such as: navigation, fitness tracking, notification checking
Health conscious society post pandemic
Larger emphasis on health and wellbeing.
Modern features of smartwatch monitor body health.
Accessible Substitute
High spenditure in developed economies fuel demand for
smartwatches as a substite for luxury watches
DIGITAL DEVICES USED BY AUDIENCES
Europe & Central Asia North America East Asia & Pacific South Asia
60%
40%
20%
0%
Even though smartphones are
one of the most popular used
pieces of tech, we can see how
much people have to invest in
them due to their cost.
Figure 3; Average cost of a smartphone as a % of average monthly income by
region in 2022 (Alliance for Affordable Internet, 2022)
DIGITAL DEVICES USED BY AUDIENCES
THE COST OF DIGITAL DEVICES USED BY
AUDIENCES
This graph shows just how much
people are willing to invest for a
smartphone by region.
21%
Samsung
PRODUCT; IF THE SMARTPHONE IS SO POPULAR,
WHICH PRODUCTS DO PEOPLE USE?
Top Mobile phone brands in world depending on their market share (MBA Skool Team, 2023)
12% 10%
Opportunity
DIGITAL DEVICES USED BY AUDIENCES
Apple
18%
Xiaomi
original price inflation adjusted
2007 2012 2017 2022
$1,000
$750
$500
$250
$0
Figure 4; A line chart to show the original price and inflation
adjusted price of iphones every 5 years (Khan, 2023)
DIGITAL DEVICES USED BY AUDIENCES
DIGITAL DEVICES
USED BY
AUDIENCES
communication
entertainment
reminders
organisation
navigation
finance
contacts
remote working
emergencies
calculator
flashlight
live news
crime prevention and evidence gathering
learning and research
It's more than just access to the
internet
List of opportunities digital devices
provide (Goodman, 2023)
DIGITAL DEVICES USED BY AUDIENCES
Email Entertainment Social Media Online Shopping Communication
60%
40%
20%
0%
INTERNET ACTIVITIS
Figure 5; Popular internet activities according to internet users worldwide in 2017 using a phone (Statista, 2017)
USES OF THE DIGITAL DEVICES
DIGITAL DEVICES USED BY AUDIENCES
1/4 of internet users aged 16 to 64 use voice search on a weekly basis.
GOOGLE
SEARCH
7
8
%
of online search behav
i
o
u
r
HOW CUSTOMERS SEARCH FOR INFORMATION
3 in 10 working age internet
users say they used image
recognition tools in past 30 days
1/4 of worlds internet users aged
16-64 say use social media for
inspiration for things and to buy.
VOICE
SEARCH
USE OF
SOCIAL
MEDIA
IMAGE
SEARCH
(Kemp, 2023)
HOW CUSTOMERS SEARCH FOR INFORMATION
HOW CUSTOMERS SEARCH FOR
INFORMATION - PLATFORMS OVER TIME
Figure 6; Ortiz-Ospina (2019)
HOW CUSTOMERS SEARCH FOR INFORMATION
WHERE CUSTOMERS SEARCH FOR INFORMATION
(Martin, 2023)
Entertainment News / eve
n
t
s
ResearchBr
a
n
d
s
TikTok used for
entertainment.
People prefer Twitter (61.2%) and Facebook
when looking to keep up to date with current
events and the news.
Instagram is the preferred way
to search for brands and
products (62.3%).
HOW CUSTOMERS SEARCH FOR INFORMATION
HOW CUSTOMERS SEARCH FOR
INFORMATION
Organisations work on strategies to have their website rank well in the hopes
of winning more organic clicks.
Number 1 organic result on google is 10x
more likely to receive a click compared to
the 10th spot
(Hubspot n.d.)
HOW CUSTOMERS SEARCH FOR INFORMATION
1982: first e-commerce
company 'the boston
computer exchange' -
was an online
marketplace for people
to buy and sell used
computers
1990s Jeff Bezon
launched amazon
which was an online
book marketplace
confinity (now
paypal)
Google introduced
tools for businesses
to promote their
products in the
200o's
WHAT DO CUSTOMERS BUY ONLINE
BRIEF HISTORY OF ECOMMERCE AND ONLINE SHOPPING
cyber-monday
surpassed one
billion sales in 2010
e-commerce sales
reached 82.5 billion
in 2020
global pandemic
saw closure of
traditional brick and
mortar stores, more
movement online
(Ang, 2021)
WHAT DO CUSTOMERS BUY ONLINE
Apparel - $1.53 trillion
Technology - $1.14 trillion
Footwear $381.9 billion
Pet care $280 billion
Toys $104 billion
1.
2.
3.
4.
5.
WHAT DO CUSTOMERS BUY ONLINE
popular categories based on current market value
WHAT DO CUSTOMERS BUY ONLINE
(Ashique, 2023)
High street stores have adapted to adopt the use of technology to optimise their customer
journey approach. For example, alongside websites, shops offer their own apps and offer in-
app online incentives to promote use.
78% use retailers mobile apps more often or about the same as last year.
Mobile apps were used for loyalty cards, coupons, click and collect services, mobile self
check out services.
In comparison to 2022, 2023 saw 74% of retailer app growth. This was largely due to
immediate incentives customers were able to access.
(Business Wire, n.d).
WHAT DO CUSTOMERS BUY ONLINE
A MODERN APPROACH
WHAT DO CUSTOMERS BUY ONLINE
Pro's of online shopping
convenience and flexibility
wider range of products
cost effective
time saving
no queues
WHAT CUSTOMERS BUY ONLINE
Online vs offline purchasing
Con's of online shopping
physically inspect product
pick up (no need to worry about delivery
less risk of fraud and scams
personal interaction
immediate gratification
personalised service
WHAT DO CUSTOMERS BUY ONLINE
ONLINE VIDEO CONSUMPTION
post pandemic attention spans
ONLINE VIDEO CONSUMPTION
Videos are more important now than ever before!
Due to the decrease in attention spans of audiences, organisations are opting for short form content.
Tiktok has played a key role in promting the rise of short form media.
Other platforms are beginning to tailor their approach and are responding by adjusting their algortithms.
(Markov, 2022)
ONLINE VIDEO
CONSUMPTION
Live streaming represented 61% of the market share
in 2021
52% of people are more likely to share a video
75% viewers watch short form video content on
different devices
66% watched video content to learn about brand or
product
(Grand View Research, n.d.).
ONLINE VIDEO CONSUMPTION Figure 7; Cottonbro studio. (2020) ‘Browsing YouTube’ [Photograph]
FIGURE 8; POPULAR TYPES OF VIDEOS ON THE INTERNET BASED
ON VIDEO CONSUMPTION STATISTICS IN 2023
Music Video Viral Video Livestream Sports Educational Product review
50%
40%
30%
20%
10%
0%
ONLINE VIDEO CONSUMPTION
(Oberlo, n.d.).
WHY DO PEOPLE WATCH VIDEOS
relax
36.2%
Entertainment
29%
explore passion
14.7%
learn something new
12.7%
escape daily life
7.5%
In the past, people may have turned
to television to help them relax.
Recent statistics shows this need for
watching videos remains consistent
(Bump, 2023)
ONLINE VIDEO CONSUMPTION
Figure 9; A pie chart to show why people watch
videos online in 2023
CONSUMER TRENDS
Consumers are no longer limited to single gadgets when using technology. The modern world
is seeing a surge in popularity of wearable technology such as the smartwatch and many
people own multiple devices. Organisations may begin to offer smartwatches to employees
in a way to reduce insurance costs in the near future.
The benefits of using technology daily has lead to customers seeking for the best shopping
experience and are more likely to purchase from user friendly websites that offer the best
buyer journey.
Consumers are educated about the impact of technology on shopping experience. Kiran and
Desiata (2023) report 42.7% of internet users use ad blockers.
CONSUMER TRENDS
CONSUMER TRENDS
Consumers use of multiple devices has prompted omnichannel marketing strategies where
organisations should adapt their content to fit different channels and devices.
Although modern technology has significantly progressed within the past 20 years, the
motives of watching video content (to relax) remain consistent.
CONSUMER TRENDS
SUMMARY
Technology and internet access is so much more accessible in the modern day, this had lead to
a continuous incline in internet users globally. Although there are barriers to internet access such
as income and location, more than half the words population are internet users.
Technology is beyond shaping lives, but rather an integral part of life.
Research shows that people are more likely to search for information on their phones, and
recently, the popularity of social media search and voice search is on the rise.
Global events have also contributed to the impact of technology on ourlives. For example, the
global pandemic saw many business move online as their traditional brick and mortar high street
stores closed. Furthermore, the decrease in attention spans has lead to a rise of short form
media content. These insights allow organisations to strategise their marketing approaches to
cater for a digitalised market space where visuals are more important than ever.
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The Impact of Technology

  • 1. THE IMPACT OF TECHNOLOGY Assignment 2 Task 1 Presented by: Joanna Peristiani
  • 2. Technology is part of our everyday lives, whether using it to communicate, learn, work, or for entertainment. The impact and usage of technology and digital devices often means the mobile phone is the first thing we pick up in the morning, and the last thing we put down at night. Not only is it shaping daily behaviour, but it's also influencing consumer purchase and engagement decisions. E-commerce websites have evolved to become global marketplaces that house products and services customers need. Consumers are also more knowledgable about technology (e.g., use of ad blockers) and this in turn affects their contemporary online behaviour. This use of technology not only impacts consumers, but also influences organisational strategies to market their products or services online. INTRODUCTION
  • 3. 2013 2023 ACCESS TO THE INTERNET 5.18 billion users (64.6% of worlds population) 2003 1995 16 million internet users (0.4% of world population) 719 million internet users (11.1% of world population) 2.8 billion internet users (39% of worlds population) The internet originally served as a means of communication for US researchers, engineers, and scientists. From the 1990s, there was big transformation which lead to a surge in the internets popularity. By 2006, there were over one billion internet users (Statista, 2016). Over time, access to the internet propelled and less than 30 years later, 64.6% of the worlds population access to the internet (Statista, 2022) ACCESS TO THE INTERNET (Internet World Stats, 2023)
  • 4. China India USA UK Argentina 1,250 1,000 750 500 250 0 LOCATION METRICS China ranked the highest for internet usage at 1.05 billion users. The third ranked country is the USA with around 311 million internet users. ACCESS TO THE INTERNET Figure 1; Countries with the largest digital populations in the world as of January 2023 (in millions) according to Statista (2023) Statista (2023) Where do people access the internet the most?
  • 5. Affordable / Accessible The costs to use the internet are out-weighed by the amount of benefits and opportunities it provides. It's also very accessible; free wifi is available and advertised at most places. WHY DO PEOPLE USE THE INTERNET Inclusivity / Digital Participation 72% of North Americans from the United States use at least one social media platform - (Pew Research Center, 2021). The human need to belong would imply people use the internet and socal media websites to satisfy and fulfil a fundamental human experience to belong and be included within society. Daily Necessity Many jobs require connection to the internet - 63.5% of Americans agreed they could not do their jobs without a strong internet connection (Allconnect, 2020) ACCESS TO THE INTERNET
  • 6. 12.7% of full time employees work from home 28.2% work hybrid model 93% of employers plan to continue conducting job interviews remotely ACCESS TO THE INTERNET THE WORKPLACE & EDUCATION Tech increases engagements with course materials by 71% 99% increase since 2020 of use of digital devices in schools ACCESS TO THE INTERNET (Baruffati, 2023) (Haan & Main, 2023)
  • 7. GENDER The internet usage was found to be higher for 15 and 24 years olds across all regions (Statista 2022). AGE 92% of the population of the countries with high income reportedly used the internet opposed to only 26% of low income markets (Statista 2022). INCOME OBSTACLES TO INTERNET ACCESS As of 2022, there is a 6% difference between female internet users worldwide compared to males. This gender difference varies depending on the location. E.g., countries in Arab States and Africa exhibit a higher gender disparity compared to regions such as Europe (Statista 2022). ACCESS TO THE INTERNET There is a mild association between internet use and urban upbringing (Yasuma et al. 2021, 18) URBANICITY
  • 8. 78% of respondents owned and had access to a laptop. 88% survey respondents admitted to owning a mobile phone. DIGITAL DEVICES USED BY AUDIENCES In 2019, Lee and Calugar-Pop reported that smartphones were the most widely used devices, a trend also supported by StatCounter's (2020) data, which indicated that 50.38% of web traffic originated from mobile devices, surpassing laptops (46.51%) and tablets (3%). of respondents self- reported owning a tablet. DIGITAL DEVICES USED BY AUDIENCES (Lee & Calugar-Pop, 2019) 65%
  • 9. According to Statista (2022), the number of smartphone users is on a consistent incline, with reports demonstrating 4.435 billion people were smartphone users in 2017 compared to 6.648 billion in 2022. Currently, the global number of phone users stands at 7.33 billion which is 91.21% of the worlds population. Why the smartphone? It's easy to use device that does it all, it allows you to access the internet, communicate with others, manage time or finances and is a form of entertainment. It's portability, diverse abilities (entertainment, communication, time or finance management) and user friendly applications making it easy to use highlights just why the smartphone is a piece of technology shaping modern lives. MOBILE PHONES - PRIMARY DEVICE USED DIGITAL DEVICES USED BY AUDIENCES
  • 10. Figure 2; Digital devices used by audience by popularity (Kemp, 2023) Smartphone 42.3% Laptop 25.3% Tablet 13.8% Smartwatch 12% Smart Home Device 6.5% DIGITAL DEVICES USED BY AUDIENCES
  • 11. DIGITAL DEVICES USED BY AUDIENCES THE SMARTWATCH OVER TIME The global smartwatch market size in 2020 = 18.62 billion. Expected market size by 2028 = 58.21 billion. (Fortune Business Insights, 2022) Simplifies life. Offers features such as: navigation, fitness tracking, notification checking Health conscious society post pandemic Larger emphasis on health and wellbeing. Modern features of smartwatch monitor body health. Accessible Substitute High spenditure in developed economies fuel demand for smartwatches as a substite for luxury watches DIGITAL DEVICES USED BY AUDIENCES
  • 12. Europe & Central Asia North America East Asia & Pacific South Asia 60% 40% 20% 0% Even though smartphones are one of the most popular used pieces of tech, we can see how much people have to invest in them due to their cost. Figure 3; Average cost of a smartphone as a % of average monthly income by region in 2022 (Alliance for Affordable Internet, 2022) DIGITAL DEVICES USED BY AUDIENCES THE COST OF DIGITAL DEVICES USED BY AUDIENCES This graph shows just how much people are willing to invest for a smartphone by region.
  • 13. 21% Samsung PRODUCT; IF THE SMARTPHONE IS SO POPULAR, WHICH PRODUCTS DO PEOPLE USE? Top Mobile phone brands in world depending on their market share (MBA Skool Team, 2023) 12% 10% Opportunity DIGITAL DEVICES USED BY AUDIENCES Apple 18% Xiaomi
  • 14. original price inflation adjusted 2007 2012 2017 2022 $1,000 $750 $500 $250 $0 Figure 4; A line chart to show the original price and inflation adjusted price of iphones every 5 years (Khan, 2023) DIGITAL DEVICES USED BY AUDIENCES
  • 15. DIGITAL DEVICES USED BY AUDIENCES communication entertainment reminders organisation navigation finance contacts remote working emergencies calculator flashlight live news crime prevention and evidence gathering learning and research It's more than just access to the internet List of opportunities digital devices provide (Goodman, 2023) DIGITAL DEVICES USED BY AUDIENCES
  • 16. Email Entertainment Social Media Online Shopping Communication 60% 40% 20% 0% INTERNET ACTIVITIS Figure 5; Popular internet activities according to internet users worldwide in 2017 using a phone (Statista, 2017) USES OF THE DIGITAL DEVICES DIGITAL DEVICES USED BY AUDIENCES
  • 17. 1/4 of internet users aged 16 to 64 use voice search on a weekly basis. GOOGLE SEARCH 7 8 % of online search behav i o u r HOW CUSTOMERS SEARCH FOR INFORMATION 3 in 10 working age internet users say they used image recognition tools in past 30 days 1/4 of worlds internet users aged 16-64 say use social media for inspiration for things and to buy. VOICE SEARCH USE OF SOCIAL MEDIA IMAGE SEARCH (Kemp, 2023) HOW CUSTOMERS SEARCH FOR INFORMATION
  • 18. HOW CUSTOMERS SEARCH FOR INFORMATION - PLATFORMS OVER TIME Figure 6; Ortiz-Ospina (2019) HOW CUSTOMERS SEARCH FOR INFORMATION
  • 19. WHERE CUSTOMERS SEARCH FOR INFORMATION (Martin, 2023) Entertainment News / eve n t s ResearchBr a n d s TikTok used for entertainment. People prefer Twitter (61.2%) and Facebook when looking to keep up to date with current events and the news. Instagram is the preferred way to search for brands and products (62.3%). HOW CUSTOMERS SEARCH FOR INFORMATION
  • 20. HOW CUSTOMERS SEARCH FOR INFORMATION Organisations work on strategies to have their website rank well in the hopes of winning more organic clicks. Number 1 organic result on google is 10x more likely to receive a click compared to the 10th spot (Hubspot n.d.) HOW CUSTOMERS SEARCH FOR INFORMATION
  • 21. 1982: first e-commerce company 'the boston computer exchange' - was an online marketplace for people to buy and sell used computers 1990s Jeff Bezon launched amazon which was an online book marketplace confinity (now paypal) Google introduced tools for businesses to promote their products in the 200o's WHAT DO CUSTOMERS BUY ONLINE BRIEF HISTORY OF ECOMMERCE AND ONLINE SHOPPING cyber-monday surpassed one billion sales in 2010 e-commerce sales reached 82.5 billion in 2020 global pandemic saw closure of traditional brick and mortar stores, more movement online (Ang, 2021) WHAT DO CUSTOMERS BUY ONLINE
  • 22. Apparel - $1.53 trillion Technology - $1.14 trillion Footwear $381.9 billion Pet care $280 billion Toys $104 billion 1. 2. 3. 4. 5. WHAT DO CUSTOMERS BUY ONLINE popular categories based on current market value WHAT DO CUSTOMERS BUY ONLINE (Ashique, 2023)
  • 23. High street stores have adapted to adopt the use of technology to optimise their customer journey approach. For example, alongside websites, shops offer their own apps and offer in- app online incentives to promote use. 78% use retailers mobile apps more often or about the same as last year. Mobile apps were used for loyalty cards, coupons, click and collect services, mobile self check out services. In comparison to 2022, 2023 saw 74% of retailer app growth. This was largely due to immediate incentives customers were able to access. (Business Wire, n.d). WHAT DO CUSTOMERS BUY ONLINE A MODERN APPROACH WHAT DO CUSTOMERS BUY ONLINE
  • 24. Pro's of online shopping convenience and flexibility wider range of products cost effective time saving no queues WHAT CUSTOMERS BUY ONLINE Online vs offline purchasing Con's of online shopping physically inspect product pick up (no need to worry about delivery less risk of fraud and scams personal interaction immediate gratification personalised service WHAT DO CUSTOMERS BUY ONLINE
  • 25. ONLINE VIDEO CONSUMPTION post pandemic attention spans ONLINE VIDEO CONSUMPTION Videos are more important now than ever before! Due to the decrease in attention spans of audiences, organisations are opting for short form content. Tiktok has played a key role in promting the rise of short form media. Other platforms are beginning to tailor their approach and are responding by adjusting their algortithms. (Markov, 2022)
  • 26. ONLINE VIDEO CONSUMPTION Live streaming represented 61% of the market share in 2021 52% of people are more likely to share a video 75% viewers watch short form video content on different devices 66% watched video content to learn about brand or product (Grand View Research, n.d.). ONLINE VIDEO CONSUMPTION Figure 7; Cottonbro studio. (2020) ‘Browsing YouTube’ [Photograph]
  • 27. FIGURE 8; POPULAR TYPES OF VIDEOS ON THE INTERNET BASED ON VIDEO CONSUMPTION STATISTICS IN 2023 Music Video Viral Video Livestream Sports Educational Product review 50% 40% 30% 20% 10% 0% ONLINE VIDEO CONSUMPTION (Oberlo, n.d.).
  • 28. WHY DO PEOPLE WATCH VIDEOS relax 36.2% Entertainment 29% explore passion 14.7% learn something new 12.7% escape daily life 7.5% In the past, people may have turned to television to help them relax. Recent statistics shows this need for watching videos remains consistent (Bump, 2023) ONLINE VIDEO CONSUMPTION Figure 9; A pie chart to show why people watch videos online in 2023
  • 29. CONSUMER TRENDS Consumers are no longer limited to single gadgets when using technology. The modern world is seeing a surge in popularity of wearable technology such as the smartwatch and many people own multiple devices. Organisations may begin to offer smartwatches to employees in a way to reduce insurance costs in the near future. The benefits of using technology daily has lead to customers seeking for the best shopping experience and are more likely to purchase from user friendly websites that offer the best buyer journey. Consumers are educated about the impact of technology on shopping experience. Kiran and Desiata (2023) report 42.7% of internet users use ad blockers. CONSUMER TRENDS
  • 30. CONSUMER TRENDS Consumers use of multiple devices has prompted omnichannel marketing strategies where organisations should adapt their content to fit different channels and devices. Although modern technology has significantly progressed within the past 20 years, the motives of watching video content (to relax) remain consistent. CONSUMER TRENDS
  • 31. SUMMARY Technology and internet access is so much more accessible in the modern day, this had lead to a continuous incline in internet users globally. Although there are barriers to internet access such as income and location, more than half the words population are internet users. Technology is beyond shaping lives, but rather an integral part of life. Research shows that people are more likely to search for information on their phones, and recently, the popularity of social media search and voice search is on the rise. Global events have also contributed to the impact of technology on ourlives. For example, the global pandemic saw many business move online as their traditional brick and mortar high street stores closed. Furthermore, the decrease in attention spans has lead to a rise of short form media content. These insights allow organisations to strategise their marketing approaches to cater for a digitalised market space where visuals are more important than ever.
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